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My crystal ball sees sideways to down, very over bought atm.
In the news, the big and beautiful bill will pass and the rate cut to follow, more complaining among the us citizens who should run the goverment ourselves. LOL
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Possible 3 push up so maybe a little lower high then another leg down.
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Intraday: new swing high, it is bullish bias, a trade below 38.2% to seal the negative reversal day on my liking. again, market doesn't care what I think. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Maybe we the range low was in, not walking toward the range high which is around the blue line above I guess.
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Spent most of the day to tag that opening level and it pulls back. Of course we have a really weird Thursday with all the jobs reports, so maybe they are being cautious until then.
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They went for it, tagged the ON high and headed south. Can't call it a double top because the first touch was Globex session, but you could call it a low volume double top sort of a move.
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